Embroidery Industries, Inc. v. LCI Laundry, Inc.

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April 11, 2003

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2299 Textile Goods, NEC
313220 Narrow Fabric Mills and Schiffli Machine Embroidery
contract
breach of contract, economic damages & lost profits
Embroidery Industries, Inc. v. LCI Laundry, Inc.
No. B153106 (Cal. App. 2 Dist. 2003), unpublished
US
State Court
California
Court of Appeal
Elias Aziz-Lavi, CPA

Summary

The California Court of Appeal, 2nd District, reversed a jury's award of damages in this breach of an implied contract case.
Embroidery Industries, Inc. v. LCI Laundry, Inc.
PDF, Size: 167 KB

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Lost Profits Must Be Net Profits Not Gross Profits

Legal and Court Case Update
April 11, 2003

The California Court of Appeal, 2nd District, reversed a jury's award of damages in this breach of an implied contract case.